As geopolitical tensions in West Asia continue to disrupt global oil and gas markets, India is showing greater structural resilience compared with past crises, driven by a steady shift in how it produces and consumes energy. Data published in the Reserve Bank of India’s March Bulletin indicates that renewable sources accounted for 26.4 percent of India’s total electricity generation as of January 2026, rising from 22.1 percent in January 2025. This increase reflects a broader tran

Tirumala Tirupati Devasthanams (TTD) has reported a significant rise in its Hundi collections for the financial year 2025-26, with total donations reaching an impressive ₹1420 crore. This marks an increase of ₹75 crore compared to the previous financial year 2024-25, reflecting a steady upward trend in temple contributions. The growth highlights the continued faith of devotees visiting Tirumala and making offerings, reinforcing the temple’s position as one of the r

​A key provision in President Donald Trump’s recent tax legislation introduced significant federal deductions on tips and overtime pay, but the changes do not fully eliminate taxation for millions of American workers. As taxpayers finalize their 2025 returns ahead of the federal filing deadline on Wednesday, April 15, 2026, state governments are emphasizing that these earnings may still be subject

Consumer confidence in the United States fell sharply in April, reaching its lowest level on record as concerns over rising energy prices and the economic impact of the Iran conflict intensified, according to survey data released on Friday, April 11, 2026. The University of Michigan’s closely watched consumer sentiment index dropped to 47.6, marking a 10.7% decline from March and setting a new historic low. Both the current economic conditions index and the expectations index also p

Married couples across the United States face an important decision each tax season: whether to file taxes jointly or separately. That choice could have new implications for the 2025 tax year following recent policy changes introduced under former President Donald Trump’s legislation. In most cases, the tax system favors married filing jointly, which allows couples to combine income, deductions, and credits into a single return. This approach typically results in lower overall incom

A California lawmaker is seeking federal action to reverse recent labor policy changes that could significantly reduce wages for seasonal agricultural workers across the United States. On Wednesday, March 26, 2026, Representative Zoe Lofgren introduced a resolution aimed at blocking new wage rules implemented by the

U.S. President Donald Trump announced that the United States will impose tariffs of 50% on goods imported from any country found to be supplying military weapons to Iran, marking a sharp escalation in trade measures tied to geopolitical tensions. In a statement posted on Wednesday, April 8, 2026 (local U.S. time), Trump said the tariffs would take effect immediately and apply broadly. He emphasized that there would be no “exclusions or exemptions,” warning that “any and all” g

You might be receiving the same CTC as before, but a closer look at your bank account could reveal that your take-home pay has dropped. This change is likely due to the new 50% wage rule, which has been introduced under India's revised Labour Codes. While the Cost to Company (CTC) remains unchanged, this rule is quietly reshaping how salaries are structured, particularly the proportion allocated to basic pay, dearness allowance, and retaining allowance. Under the new rule, basic pay

Oil prices climbed sharply on Tuesday (date not sp

The Reserve Bank of India (RBI) is expected to introduce incentives for Non-Resident Indian (NRI) deposits in its upcoming April monetary policy review to help stabilize the Indian Rupee. Experts suggest that the RBI may revive the foreign currency non-resident (FCNR B) deposit scheme to attract foreign deposits and address the rupee's volatility. Currently, the UAE accounts for over 40% of FCNR (B) deposits, showing a heavy reliance on the Gulf region. NRI deposit inflows have seen

The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,

US President Donald Trump said on Friday, April 3, 2026, that the United States could potentially “open” the Strait of Hormuz and seize oil resources if given additional time, as tensions continue to escalate in the ongoing Iran war. The remarks, posted on his Truth Social platform, come amid growing concerns over global energy security and disruptions to one of the world’s most critical shipping routes. Trump’s statement suggested a more aggressive approach to the strategic

Gas prices across the United States climbed above an average of $4 per gallon on Tuesday, March 31, 2026, marking the first time since 2022 that national fuel costs have reached this level, according to data released by AAA. The national average for regular gasoline rose to $4.02 per gallon, reflecting a sharp increase of more than $1 compared to prices before the ongoing Iran conflict began on Friday, February 28, 2026. The surge is largely tied to disruptions in global oil markets followin

Giant gold toilet throne appears near Lincoln Memo

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

In a significant move, the Centre has sanctioned ₹341 crore as additional disaster assistancefor Andhra Pradesh.